TD SYNNEX Balance Sheet Health
Financial Health criteria checks 6/6
TD SYNNEX has a total shareholder equity of $8.2B and total debt of $4.1B, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are $29.2B and $21.0B respectively. TD SYNNEX's EBIT is $1.3B making its interest coverage ratio 5.4. It has cash and short-term investments of $853.9M.
Key information
49.6%
Debt to equity ratio
US$4.05b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$853.92m |
| Equity | US$8.16b |
| Total liabilities | US$21.04b |
| Total assets | US$29.21b |
Recent financial health updates
Recent updates
Is It Too Late To Consider Buying TD SYNNEX Corporation (NYSE:SNX)?
Nov 20
Take Care Before Diving Into The Deep End On TD SYNNEX Corporation (NYSE:SNX)
Nov 02TD Synnex: Growing And Improving With Potential 22.4% Return From Covered Calls
Oct 29TD Synnex Corp.: FY25 Should Be A Better Year
Sep 29These 4 Measures Indicate That TD SYNNEX (NYSE:SNX) Is Using Debt Extensively
Aug 21TD Synnex: $2 Billion Buyback Program, Cloud Market, And Cheap
Aug 04What Does TD SYNNEX Corporation's (NYSE:SNX) Share Price Indicate?
Aug 03TD Synnex Corp Q2: Multiple Growth Tailwinds Ahead
Jun 28TD SYNNEX Corporation's (NYSE:SNX) Subdued P/E Might Signal An Opportunity
Jun 19TD Synnex: Gusher Of Cash, $2B Buyback Authorized, Buy Still Justified
Jun 18What Does TD SYNNEX Corporation's (NYSE:SNX) Share Price Indicate?
Apr 26TD Synnex: Tech Distributor Still Has To Distribute To Shareholders
Mar 31TD SYNNEX Corporation (NYSE:SNX) Shares Could Be 43% Below Their Intrinsic Value Estimate
Mar 06TD SYNNEX's (NYSE:SNX) Conservative Accounting Might Explain Soft Earnings
Feb 02Here's What Analysts Are Forecasting For TD SYNNEX Corporation (NYSE:SNX) After Its Annual Results
Jan 30TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.40
Jan 12TD Synnex Reports A Large Earnings Beat; Stock Attractive At 8.6x 2024 Earnings Estimates
Jan 11A Piece Of The Puzzle Missing From TD SYNNEX Corporation's (NYSE:SNX) Share Price
Jan 04TD Synnex: Demand Environment Needs To Improve For Shareholders To See Better Returns
Dec 26An Intrinsic Calculation For TD SYNNEX Corporation (NYSE:SNX) Suggests It's 35% Undervalued
Nov 29Financial Position Analysis
Short Term Liabilities: SNX's short term assets ($20.1B) exceed its short term liabilities ($16.0B).
Long Term Liabilities: SNX's short term assets ($20.1B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: SNX's debt to equity ratio has reduced from 92.4% to 49.6% over the past 5 years.
Debt Coverage: SNX's debt is well covered by operating cash flow (21.4%).
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (5.4x coverage).